Toys R Us UK sales up

Toys R Us Holdings, the holding company for the UK arm of the US-owned toy business revealed operating profit was up 9.3 per cent, from £29.97 million to £32.76 million, for the year to February 2nd. Sales at Toys R Us also increased 7.8 per cent.

The retailer opened two new stores during the period, taking its store count up to 73.

Profit after tax was £20.36 million, down from 2007's £26.23 million. The figure was affected by property transactions.(Retail Week)

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.